Winstar Comm. (WCII) Message Board

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Technology Stocks : Winstar Comm. (WCII)

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To: DubM who wrote (3449)	1/15/1998 6:01:00 PM
From: pkwknk	Read Replies (1) of 12468

...Saloman/ SB did two recent debt deals to finance US One and Midcom deals...that was the clue grubman would come on board...he does the debt side of banking...most sell side guys have three major objectives 1) investment banking business 2) generating retail action in a stock 3) their reputation as a sound credible , respected professional.....If you remember, when Morgan was involved early on and did debt, they took their sweet time supporting the stock, then added insult to injury having your favorite street lady ST. Comfort do luke warm coverage (then go on maternity leave and miss the boat)...Grubman, with the possible exception of D Rheingold at Merrill, is the most respected telco guy...he deals with quality issues...why would a guy like Reagan try to get in front of a freight train?...that's what makes a market...action today was typical--profit-taking by soses guys and others, consolidation of big gains on decreased volume...the action looks very strong, but nothing goes straight up..

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